Where Can AI Take Your LBM Company? Consider These Insightful, Time-Saving Benefits 

Brian Hopkins believes it’s time for building product distributors to start using AI for more than just help writing memos and creating job descriptions. If that’s the limit of what you have been doing when you tinker with AI, consider what you could gain if you give your AI system this task:

Analyze my product data to identify high-margin items with low current penetration across my customer base, considering seasonality and regional preferences.

“One of the most exciting developments I’ve seen is how [AI Large Language Models] have evolved to the point where distribution companies now can feed distribution-specific terminology and contexts to allow the tools to be used for real gains in productivity,” Hopkins wrote in a recent essay for the Distribution Strategy Group. “… When you ask the right questions, these tools can deliver insights that previously required hours of analysis.”

Hopkins, a former official at companies like Grainger and HD Supply, suggests distributors explore how AI can help them:

  • Transform generic product information into compelling, unique content.
  • Convert business processes into structured, easy-to-follow documentation.
  • Develop comprehensive onboarding programs for new hires.
  • Help sales teams automatically draft responses to common scenarios, so that sales reps can focus on relationship building rather than routine communications.
  • Analyze industry trends, competitive positioning and customer preferences to support strategic decision-making.

Where to begin? “Start with specific business problems rather than technology infatuation,” Hopkins suggests. With encouragement from the top, productivity improvements quickly follow, he has found.

Welcome To EquiNova Capital

EquiNova Capital Partners LLC is the new company launched by Michael Collins and Walk Kurek following their years as Managing Directors of Building Industry Advisors. EquiNova invests private equity capital in middle-market companies and provides merger and acquisition advisory services. 

We Can Answer Your Most Pressing M&A Questions

  • How do the most active buyers in today’s market value my company?
  • What parts of the business should I change to improve its valuation?
  • When is the right time to sell?

These are questions that are commonly asked by the owners of building products manufacturers and distributors. Our work in selling and raising capital for companies puts us in a unique position to help answer these important questions. Regardless of when you might decide to approach the market, please contact me to have a confidential discussion about your company and ways to maximize its value for the owners. 

Michael Collins
Work 312-854-8036
Cell 312-282-5462